News
CSCEC Hits Record High on Fortune Global 500 Rankings

July 19, 2018

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CCA parent company CSCEC has been ranked as the 23rd-largest corporation in the world, according to the most recent edition of the Fortune Magazine Global 500. With revenue of $156.07 billion, CSCEC continued to hold its position as the world’s largest investment and construction conglomerate.

In 2017, CSCEC experienced revenue growth of more than 8 percent and profit growth of 7.3 percent. The company continued working on numerous large-scale construction projects. CSCEC also has maintained the highest credit rating for four consecutive years. Based on the stable outlook of the company and its remarkable capability of winning projects, Standard & Poor’s, Moody’s and Fitch, known as the “Big Three credit rating agencies,” all confirmed that CSCEC’s credit rating is the highest in the global construction industry.

The Fortune Global 500, also known as the Global 500, is one of the most reputable and popular rankings of the top 500 corporations worldwide as measured by revenue. The list has had its current form since 1995 and is compiled and published annually by Fortune magazine.

Link: http://fortune.com/global500/

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